Articles by Andrew Woodman
Blackstone, TPG among bidders for Australia's Inghams - report
The Blackstone Group and TPG Capital have reportedly placed separate bids for Inghams Chicken, Australia's largest poultry producer.
CX Partners to close India Transaction Solutions deal - update
CX Partners is near to closing its acquisition of a 75% stake in the Indian ATM unit of Australia's Transaction Solutions International (TSI) for $22 million.
TPG, Northstar approached for BTPN stake - report
Japanese banks Mitsubishi UFJ, Mizuho and Sumitomo Mitsui are said to be among potential suitors approaching TPG and Northstar Pacific Partners with a view to acquiring their stake in Indonesia's Bank Tabungan Pensiunan Nasional (BTPN). The PE firms'...
MGPA acquires Shanghai office building
MGPA has acquired J-Tower, a newly completed Grade A office building in Shanghai's Jiading district for RMB263.5 million ($42 million).
Australian PE supports half a million jobs - Deloitte
Australian private-equity-backed companies support an estimated 500,000 jobs according to research by Deloitte Access Economics.
Mitsubishi unit seeks $750m for shipping PE fund
MC Asset Management Holdings, a unit of Japanese conglomerate Mitsubishi, is seeking to raise a $750 million fund that will take advantage of depressed prices in the shipping industry.
WestBridge exits India's Interactive Avenues to IPG Mediabrands
WestBridge Capital has exited its investment in India Interactive Avenues, a digital marketing company, to New York media firm IPG Mediabrands for an undisclosed amount.
Fidelity Growth Japan leads Metaps series B round
Fidelity Growth Partners Japan has led a JPY1 billion ($10 million) Series B round of investment in Metaps, a Tokyo-based mobile software developer. Existing investors have also taken part in the round.
Vogo-backed Tong Yang Life eyes ING South Korea unit
Vogo Capital-backed Tong Yang Life Insurance is considering purchasing ING Group's South Korean insurance unit.
WestBridge renews commitment to Pathlabs
WestBridge Capital'S involvement with India's Dr. Lal Pathlabs goes back to 2005, when the private equity firm invested around $10 million through its debut vehicle, WestBridge Venture Fund I.
AID Partners makes bet on HMV
The rise of services like iTunes and Spotify are enough to make any record store business shudder. Factor in the proliferation of file-sharing services and online piracy, and it is inevitable former giants like the UK's HMV seem to be going the way of...
Portfolio: Navis Capital and Malaysia's Alliance Cosmetics
Alliance Cosmetics was already the dominant force in Malaysian make-up market when it was acquired by Navis Capital Partners in 2010. The next step was to use this experience to break into Indonesia
Indian government stays firm on its e-commerce FDI ban
The Indian government has said it will not revise its current ban on foreign direct investment (FDI) in India's e-commerce sector.
Brookfield among suitors for CapitaLand's Australand - report
Canadian private equity firm Brookfield Asset Management is said to be among several investors targeting real estate developer Australand Property Group.
India's Grameen Koota raises $9.6m from VCs
Indian's Grameen Financial Serivces (GFS), also known as Grameen Koota, has raised INR532 million ($9.6 million) from Creation Investments, Incofin Investment Management and MicroVentures in its third round of funding.
Pragnya invests $10m in India, Sri Lanka property projects
Indian real estate private equity firm Pragnya Advisors has invested $5 million in a residential project in Bangalore and another $5 million in an office space development in Colombo, Sri Lanka.
Avendus launches third India PIPE fund
Avendus Private Equity has launched its third PIPE fund. India Opportunities Fund III is targeting INR5 billion ($91 million) and will focus on investments in high quality mid-cap companies.
Aditya Birla-backed Tree House to acquire Brainworks
Pre-school management company Tree House Education, backed by Aditya Birla Capital Advisors, is to acquire 100% of Brainworks Learning Systems, a national chain of pre-schools. Brainworks is part of Better Value Brands.
Warburg Pincus-backed ACB India plans to raise $200m through IPO, OFS
ACB India, a coal preparation plant operator backed by Warburg Pincus, is planning to raise as much as INR11 billion ($200 million) through an IPO and offer for sale (OFS) later this month.
India's Hikal raises $8m debt from IFC
Indian chemical company Hikal, part of the Kalyani Group, will receive $8 million in debt financing International Financial Corporation (IFC).
Apax, Permira-backed New Look eyes China expansion
UK fashion retailer New Look, which is backed by Apax Partners and Permira, is looking to expand into China.
JAFCO invests $5 million in HiringBoss
Japanese venture capital firm JAFCO has put $5 million into HR software provider HiringBoss in a Series A round of funding.
Apax Partners continues Apollo Hospitals exit
Apax Partners has continued its exit of Apollo Hospitals, selling a 3.8% stake for INR4.4 billion ($83 million).
Australia's Pacific Road in Canadian resources deal – report
Australian private equity firm Pacific Road Capital Partners is investing A$10 million ($10.2 million) in coal mining firm CoalMont to fund its mining project in Canada.